All round car designer

Chapter 169 Acquisition
After introducing the working principle of ABS, we immediately talked about investing in automotive electronics.

Faced with such a proposal, there were supporters and some opponents at the meeting. The differences between the two parties mainly centered on the point of "whether diversification should be carried out".

Those who support it believe that the layout of the automotive electronics market can improve Mercedes-Benz's ability to resist risks. Even if it loses in the vehicle market, it can still make up for it in automotive electronics. It coincides with the popular saying "don't put all your eggs in one basket" in the investment world.

On the other hand, the opposing party believes that the production of complete vehicles should be the main business of Mercedes-Benz. At present, Mercedes-Benz has just started in the complete vehicle market, so it should concentrate on developing complete vehicles, instead of dividing its energy into automotive electronics. The ABS system can be produced by other suppliers without having to provide everything by ourselves.

To be honest, the reasons of both parties are reasonable, and the opponents are also very reasonable. Investing in automotive electronics will indeed put a certain amount of pressure on the operation of Mercedes-Benz.

But the more this is the case, Zhou Feiyue feels that he should give it a try. If he doesn't deploy automotive electronics as soon as possible, he will have to pay more than he is now if he wants to enter in the future.

What's more, once the ABS system can be successfully put into production, it will also become one of the top products of Mercedes-Benz, and the profits it brings will not be inferior to the production of complete vehicles. This will also provide a foundation for the company's future development funds. great source.

"I have listened carefully to the reasons everyone said, and they are all constructive, but I still want to express my opinion. Since I bring this topic to the meeting for discussion, it generally means that I am Supporting this decision, the investment funds required for automotive electronics are not much, and compared to the benefits it can bring us, this cost is even less..."

Zhou Fei used a long paragraph to explain his reasons for investing in automotive electronics. In terms of company management, Zhou Fei is not an arbitrary person. He just hopes that the company can grow and develop more rapidly.

And Zhou Fei always felt that he knew better than anyone else about the general trend of automobile development!

Therefore, in terms of the major policies of this kind of company, Zhou Fei usually focuses on his own ideas, taking into account some opinions of other employees, and finally forms the development direction of Feichi company.

"So, this time, I hope everyone will continue to trust me and support my decision to invest in automotive electronics." Zhou Fei looked at the crowd and said very sincerely.

The big bosses of the company have talked to them in this way, and those few people who opposed it at the beginning can only choose to support it at this time.

In just one meeting, Zhou Fei successfully realized his plan to deploy automotive electronics.Immediately afterwards, Zhou Fei began to arrange the next work, mainly the investment and construction of the automotive electronics factory.

In terms of investment and construction, Feichi Company is already very familiar with it, so there is no need for Zhou Fei to say more, and all departments already know what they need to do.

"Mr. Zhou, why don't we consider buying an automotive electronics company, or just any electronics factory, compared to our direct investment in building a factory? As long as some modifications are made to the production workshop, it can be put into use immediately. This is better than our current The solution is more time-saving and can save investment costs.”

Li Jianneng, the director of the finance department, suddenly suggested.

acquisition?

To be honest, Zhou Fei really didn't think about this matter. After all, such a thing as acquisition sounds very high-level, and Zhou Fei felt that all of this was very far away from him.

But what Li Jianneng said reminded Zhou Fei all at once. As he said, why didn't he buy an electronics factory instead of building a production workshop?

All in all, the current main body of Feichi Company was able to achieve its current scale by buying two abandoned factories in the first place!

Since it was possible to do this at the beginning, it is naturally possible to do so now!
"Can you be more specific?" Zhou Fei suddenly became interested, staring at Li Jianneng and asked.

"Because I haven't done market research, I can't say the specifics, but based on my many years of financial work experience, if the acquisition targets are concentrated on companies that are about to go bankrupt, the costs incurred by the acquisition will It is far lower than the cost brought about by investing in new construction." Li Jianneng replied.

Once the company is on the verge of bankruptcy, many assets will have to be sold at a price below the market price. If the acquisition is completed at this time, it will indeed save a lot of money.

Zhou Fei frowned and thought about it carefully. If the layout of automotive electronics is completed by acquisition, the first problem he has to face is that automotive electronics must be located in other places, because there are no electronics-related companies in his hometown. !
The city with the largest number of electronics companies in the province is Gusu City.

"Lao Li, if we buy, can we limit the target of the purchase to Gusu City or Shanghai?" Zhou Fei continued to ask.

If the electronics factory can be located in these two places, Zhou Fei's wish to expand near Shencheng can be fulfilled from the perspective of regional orientation, but the expansion is not for complete vehicles, but for automotive electronics.

"Of course this is fine. If Mr. Zhou really wants to make an acquisition, I can investigate first, set the specific target of the acquisition, and then negotiate with the other party. What do you think?"

"Okay, I'll thank you for your hard work." Zhou Fei nodded, then looked at the others and said, "Then the construction plan discussed just now will be put on hold for a while, waiting for the results of Lao Li's research. If it is suitable, we will pass It is really impossible to solve this problem through acquisition, and it is not too late to invest in building factories.”

After the meeting, Zhou Fei left Li Jianneng alone, "Old Li, how long will your market research take?"

"Five days at most. It's not difficult to find out which companies are about to go bankrupt. At that time, I will select a few companies that are most suitable for us to acquire, and sort out the information and send them to Mr. Zhou." Li Jianneng replied.

"Okay, if you need anything, just ask me." Zhou Fei nodded.

In this way, Feichi Company's first real corporate acquisition was put on the agenda. Li Jianneng set off for Gusu in the afternoon of the same day, and began to investigate the enterprises in that area, in order to obtain suitable acquisitions for Feichi Company. list.

At the same time, Zhou Fei also asked the product department to contact relevant automotive electronics suppliers and asked them to produce several sets of ABS systems for subsequent vehicle comparison tests.

It was said to be five days, but in fact Li Jianneng returned to the company from Gusu in only three days, and also brought a detailed document to Zhou Fei.

(End of this chapter)